AFRACA News

WEBINAIRE : Financement √† Long Terme pour la Transformation de l’Agriculture africaine

Le financement √† long terme (LT) est essentiel pour guider les investissements dans le renforcement des infrastructures et des capacit√©s agro-industrielles, des technologies am√©lior√©es et des √©quipements pour rendre l’agriculture plus productive, efficace, rentable et r√©siliente. Cependant, le financement √† long terme aux PME et aux petits exploitants agricoles est plus limit√© que le financement court terme (CT) traditionnel des cultures, de la p√™che et de l’√©levage, ainsi que le financement LT pour les PME dans d’autres secteurs. Le d√©ficit...

AFRACA’s Roadmap towards Developing a Financial Indicator Framework in Agriculture

The African Rural and Agricultural Association (AFRACA) has formed an Impact Task Force to deliberate on specific indicators that will be used by the Association to measure the impact of its members lending activities to rural smallholder farmers in Africa. The three-year initiative was launched during the 21st AFRACA General Assembly held in February 2021 in which members collectively agreed to develop a Financial Indicator Framework and a single database of members credit data that will assist regulators and key industry...

NIRSAL Partners with Providus Bank and Globus Bank to Increase its lending to small holder Farmers

The Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL Plc) has secured N5Billion from Providus Bank to enable it increase lending to rural small holder farmers. NIRSAL is a non-bank financial institution formed in 2023 to raise commercial bank agriculture lending with an aim to reduce agribusiness related credit risks, fix broken value chains and stimulate flow of finance along the value chain. NIRSAL has developed innovative models that offer sustainable solutions for agricultural financing Agro Geo-Cooperative Model: The finance industry...

AFRACA’s 16th Training of Trainers Workshop on Agricultural Value Chain Financing

The African Rural and Agricultural Credit Association (AFRACA) in partnership with the Central Bank of Congo recently held a one-week Training of Trainers workshop on Agricultural Value Chain Financing (AgVCF) at Serena Lake Kivu Hotel in Goma, Democratic Republic of Congo (DRC). The training enabled staff from different financial institutions in DRC, Burundi and Burkina Faso who are AFRACA members to gain knowledge on AgVCF, reducing risks while lending along the value chain, product financing instruments, ICT’s role in AgVC financing...

WEBINAR: Long-Term Finance for Agriculture Transformation in Africa

Long-Term (LT) finance is critical for investments in building infrastructure and agribusiness capacity, improved technologies, and equipment to make agriculture more productive, efficient, profitable, and resilient. However, LT financing for SMEs and farmers in the agriculture sector is more constrained than traditional short-term (ST) crop financing, fish & livestock as well as LT financing for SMEs in other sectors. The significant financing gap is caused by a combination of supply and effective demand issues inherent in the agriculture sector as...

Warehouse Receipt System an Enabler for Farmers Access to Loans

The Government of Kenya is implementing its Warehouse Receipt System, a move applauded by different stakeholders as a solution to address some of the challenges faced by smallholder farmers as a result of unstructured markets and gaps along the value chain which reduce farmers’ income. The Warehouse Receipt System is a process whereby producers or dealers deposit their commodities in certified warehouses and are issued with a warehouse receipt as proof of ownership to curb loopholes along the value chain,...

AFRACA Welcomes AFC New Managing Director

AFRACA Secretary General, Mr. Thomas Essel welcomed Mr. George Kubai who was recently appointed as the Managing Director, Agricultural Finance Corporation (AFC). The meeting aimed to explore areas of synergies and strengthen the cordial working relationship between the two institutions which spans over two decades. AFC expressed interest to work with AFRACA in the implementation of its new project ‚ÄúFinancing Innovation for Sustainable Fisheries with the Private Sector‚ÄĚ. The project aims to support fishing businesses in Kenya access formal micro-finance and...

AFRACA’s NEW EXECUTIVE COMMITTEE

AFRACA convened its 21st General Assembly which was held virtually from 24th-25th February 2021. The Assembly brought together all AFRACA member institutions from all sub-regions in Africa to deliberate on the impact of post covid relief measures by financial institutions, rural finance impact indicators and election of new Executive Committee Members. Dr. Jesimen Chipika, Deputy Governor Reserve Bank of Zimbabwe was elected as the Chairperson of the AFRACA Executive Committee. She becomes the second woman to be at the helm of...

X
August 5 Top Swiss Replica Watches UK, Top swiss Replica watches . swiss Replica watches . fake rolex The news was made official in a press conference organized on the occasion of Baselworld 2015, the World Watch . July 5 Best Swiss Replica Watches UK of All, Replica Rolex watches UK For Men And Women. Wholesale Cheap Rolex Copy watches Online. Menu and widgets Only Choose Best Swiss Replica Rolex UK Watches, Top 10 Luxury Watch Brands 2015 Luxe High Life takes you through the top 10 luxury watch brands for 2015.